THE Scarborough beachfront was the site this week for the signing of a tourism promotion and the unveiling of a hotel upgrade, but the long-awaited redevelopment of the area is still some time off.

Schools supplier Campion Education has agreed to purchase the stock of one-time market leader Wooldridges, bringing to an end any hopes of reviving the Wooldridges business and delivering a return to its creditors.

Nuclear energy has been under a cloud since the Fukushima reactor disaster in Japan last year, uranium prices have remained well off their highs and public confidence in nuclear power is weak but uranium miners are backing the long-term potential of the industry.

Local governments have claimed they are not to blame for a drop in building approvals in Western Australia since the introduction of the controversial Building Act in April. Since the Act was introduced, approvals have slumped as builders and councils struggled with the new rules. 

Perth has recorded a jump in land sales in the June quarter despite further signs developers are finding it increasingly difficult to bring land to a growing market.